Marked in green are the 3 days in this correction period where I reaccumulated and added to my PHYSICAL holdings of silver!
I saw many "expert" traders and technical analysts claiming that new lows, another crash, 1700$ gold, etc. were guaranteed...
99.9% of people, including these "experts", don't understand how the prices of silver and gold are suppressed, and...
GDX - Miners are Ready to Rock and Roll
Keeping this short and simple
Daily/Weekly Set-up
Entry on Pre-market Gap-up or 32.25 double bottom if we drop (which i doubt)
1st Target = 38
2nd Target = 42
Hodl target = 45+
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Our support trend line shows where we would expect gold to come to if it was to be bearish.
Our resistance trendline shows where gold should break if we want to continue moving bullish, last week gold tested 1827 support twice before strongly exiting our bearish rectangle and created support upon the resistance trendline prompting that gold may be looking to go...
Load it before it ignites.
*Duck for cover if it closes below 1800 at any point after this post is published.
To the moon.
-FirstPigontheMoon
TVC:GOLD
TVC:SILVER
OANDA:XAUUSD FX_IDC:XAUUSD
As the name does not indicate, OTC:AABB is a base metal and precious metal player.
Technically, the stock is in an initial breakout stage on the weekly / monthly time scales.
Fundamentally, the PER is 0.35 by 2020 year's end and presently 1.35 with strongly improving net profits.
On the medium term the stock is at least a 5-bagger, potentially a 10-bagger.
I...
Since the inauguration of Biden, GOLD is rapidly gaining value. Assuming this amount of bullish volume will keep flowing in for another day or two, we could soon reach the $1900 area again.
For now, my main resistance targets are placed at $1900 and $1920. If you're feeling very bullish, take the latter.
Happy trading!
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the...
possible scenario if the silver bull is still going. the length of the rejection of hitting the to of the arch gets smales and smaler! maybe we will see 28 in the end of february.
hey traders,
here is my multi-timeframe outlook on gold:
on a daily the price is still coiling on a major falling trend line that the price touched last week.
Taking into consideration that the global trend is bullish, I still expect a bullish reaction & continuation.
However, checking the situation on hourly time frame, we can clearly see that the price is...
hey traders,
here is my multi-timeframe outlook on gold:
on a daily the price is still coiling on a major falling trend line that the price touched last week.
Taking into consideration that the global trend is bullish, I still expect a bullish reaction & continuation.
However, checking the situation on hourly time frame, we can clearly see that the price is...
Gold looking to continue slide down through the support at the linear regression channel middle and test support on that pink trend line (both MACD and RSI seem to confirm a continued move down). RSI seems to be indicating this correction is stronger than the previous one (see notes in RSI on chart). I will be looking to see if the pink line can hold. If not the...
